Wall Street Traces of Korea War Downturn
New York traders see the Korean War as a political clash that drains the stock market, with fears of war controls squeezing profits. The piece argues policy blunders by the State Department and top officials fueled the conflict, while corporate leaders worry for their sons going to battle.
MENTIONED IN THIS ARTICLE
New York
Wall Street
State Department
Korea
China
Europe
Alger Hiss
Dean Acheson
Supreme Court
Felix Frankfurter
Jessup
Owen Lattimore
Munich
Try and Stop Me by Aul Porter
Aul Porter recounts a radio show ending with a loud version of The Indian Love Call and a listener quipping about a vane flourishing race. He recalls Mr. Duffy calling his wife “Nature's revenge on the Peeping Tom” and a daughter’s report on a neighbor’s problem child. A New York bookstore leases a shell seller, noting a high $90 bill from a customer who plans Hollywood moves, unaware shells came from South Pacific beaches.
MENTIONED IN THIS ARTICLE
Aul Porter
Duffy
Paul
Hollywood
Atlantic
South Pacific
Bennett Cerf
King Feature Synés
Business figures show wartime profits and peacetime shifts
The article contrasts wartime and peacetime earnings for major firms including RCA, Republic Steel, General Motors, Standard Oil of New Jersey, U S Steel, and Du Pont. It notes high profits in 1948 1949 on peace business and discusses corporate sentiment toward potential government control amid war talk. A second item reports fossilized beetle remains found in Bognor Regis England by a schoolboy, estimated at 50 million years old.
MENTIONED IN THIS ARTICLE
Republic Steel
General Motors
Standard Oil
N. J
U. S. Steel
du Pont
Bognor Regis
England
Born on July 19 Leads in Initiative and Creative Writing
Wednesday July 19 individuals show strong leadership and intuition with a talent for writing and poetry. Early instuction for teamwork recommended to avoid excessive individualism. Personal growth hinges on proper use of psychic interests and self expression through writing and literature.
Widow of gambler heads Egyptian anti gambling league
The article notes a widow, wife of a man who lost a fortune at racing and cards and killed himself, chosen as the first president of a new Egyptian women's anti gambling league. It emphasizes the need for a leader who shares perceptions and tastes and can enable initiative and management.
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